Is Tesla planning to compete with Uber using their own self-driving cars?

A Tesla earnings call this week has started rumours that Elon Musk is planning a foray into the world of ride-sharing using the company’s new self-driving cars. A few weeks ago, Uber CEO Travis Kalanick said that he would buy all 500,000 of the self-driving cars Tesla plans to build in the next five years. On this week’s earnings call, Adam Jonas from Morgan Stanley asked Musk if he would consider supplying vehicles to ride-sharing companies or if he might “cut out the middle man and sell on-demand electric mobility services directly from the company on its own platform?”

Musk’s enigmatic reply came after a short pause. “That’s an insightful question,” he said, “I don’t think I should answer it.”